Perhaps the most recurrent theme in the major newspapers’ criticism was that Mamdani’s proposed 2 percent tax hike on that share of a taxpayer’s yearly income that exceeds $1 million would lead to mass millionaire flight from New York.
ON TAP
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Trump in Court
Trump’s increasingly flagrant efforts to govern as an outright dictator leave us heavily reliant on the Supreme Court. But three key cases coming before the Court, beginning with the tariff case to be argued this Wednesday, may not go so well for him.
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China: The Art of Xi’s Deal
In classic form, President Trump concluded his hollow trade deal with Xi Jinping Thursday—and then changed the subject and the headlines. With no clear plan or rationale, he announced that the U.S. could resume nuclear testing.
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Trump’s Armed Force to Take Over Democratic Cities Is Nearly Ready to Deploy
On Tuesday, the Ninth Circuit Federal Appeals Court voted to hear the case of the Trump administration’s attempted deployment of the National Guard to Portland, Oregon. The president then declared he was prepared to send “more than the National Guard” into American cities.
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Working-Class Heroes
Would democracy work better if more working-class people ran for public office? Running for office is time-consuming and expensive, and the most important pipeline that launches working-class people into politics, the labor movement, is far weaker than it once was.
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The Democrats’ Shutdown Challenge: How Long Must the Hurt Continue?
The problem the Democrats face in the current standoff is how to weigh these distinct forms of pain: immediate to a known universe of political allies; or long-term to a broader universe of, most importantly, swing voters.
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Monroe Doctrine II, Trump Style
President Trump, with the help of his Treasury secretary, just pulled off a rescue that few thought possible, promising $40 billion to Argentina. What’s notable is not the novelty of Trump’s inter-American imperialism but the broad continuity with past U.S. policies.
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Trump’s Faltering Economy
The seemingly not-too-bad Trump economy is living on borrowed time. Both inflation and employment are getting worse, and the booming stock market is in AI bubble territory.
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Unveiled Today: The First Politically Viable Wealth Tax
A proposed 2026 California ballot measure would tax billionaires’ fortunes to fund imperiled health access for 15 million state Medicaid recipients. The spillover effects of its presence on the midterm-election ballot should be considerable.
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What Next After No Kings Day II?
No Kings is a terrific recruitment force—for everything from local actions against National Guard and ICE incursions, to coordination with courageous governors and mayors, to engagement in this year’s and next year’s elections.
